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One of the many vacant properties in La Crosse that could benefit from a CDC

Marianne Morton, Executive Director of Common Wealth Development in Madison has graciously agreed to come to La Crosse on Friday, October 5 at Noon @ the Southside Community Center, 1300 6th St S. She will give a short slide presentation, followed by Q&A.

This is the 4th meeting hosted by Livable Neighborhoods to discuss the formation of a community development corporation in La Crosse. The impetus for these discussions were the Joint City-County of La Crosse Housing Task Force recommendations in their January 2012 report, including formation of a “Private Equity Group” to partner with private sources of capital to help improve our communities.

Community development corporations (CDCs) are non-profit, volunteer organizations that typically access private capital and invest it into improving housing and neighborhood businesses. CDCs also organize community groups and invest sweat equity into community improvements.

Sandwiches and beverages will be provided (Please reply by Thursday, Oct 4.)